Trump Upends Crypto Policy

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crypto voters

CNN

•

US Politics

They helped Trump take back the White House. The rewards have come swiftly.

Summary

Nutrition label

72% Informative

Donald Trump has upended the federal government’s wary stance toward cryptocurrency just as he said he would.

Trump 's return to power was achieved in part through an unorthodox coalition-building strategy.

The Lumbee Tribe in North Carolina , for instance, had reliably voted Democratic in presidential elections for decades .

Trump appealed to both groups during the campaign a calculation his political team made early after watching the Libertarian candidate siphon votes from him in 2020 .

Trump ’s effort to court Libertarians last summer , including a speech at their national convention where he endured boos before promising to pardon Ross Ulbricht , the imprisoned founder of an illicit online market called Silk Road .

Trump 's early actions on cryptocurrency have drawn some criticism, including from supporters within the industry who have balked at his growing financial interests.

VR Score

Informative language

Neutral language

Article tone

semi-formal

Language

English

Language complexity

Offensive language

not offensive

Hate speech

not hateful